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Listed 19 days ago

202 - 54 Alanson Street

Stinson, Hamilton

$529,000

Condo Apartment |
2 | 1 | 1 | 1
About this home

Rarely does a condo offer this much character! Welcome to this unique converted loft in Hamilton's Stinson neighbourhood. Offering over 1000 square feet of living space, this spacious two-bedroom, one-bathroom home features soaring ceilings, exposed wood beams, exposed ductwork, hardwood floors, abundant natural light and a cozy fireplace. The open-concept living, dining and kitchen areas create an ideal space for both everyday living and entertaining. The unit comes complete with a dedicated parking spot and large storage locker on site. This one-of-a-kind home combines character, space and an authentic loft feel. A private balcony provides additional outdoor space for morning coffee, dinner or simply getting some fresh air. Add in the charm of the brick exterior and the established Stinson location, and you have a condo that stands out from the crowd! RSA.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age100+
Size1000-1199 sq. ft.
Maintenance Fees$723
LockerOwned
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesPrivate
Property Tax$3,832
mls© NumberX13841838
Listed ByRE/MAX ESCARPMENT REALTY INC.
Water Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,708
Property tax
$319
Heat allowance
$150
Condo fees, half counted
$362
Housing costs
$3,539 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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